«0AB>OI0O 687=L» 2 ?>=8<0=88 . . ">;AB>3>

?@>872545=8OE . ">;AB>3> <=>3>5 AB@>8BAO =0 :>=B@0?C=:B0E, =0 ?@>B82>?>AB02;5=8OE. 4=8< 87 3;02=KE :>=B@0?C=:B>2 AB0=>28BAO ?@>B82>?>AB02;5=85 687=8 =0AB>OI59 8 687=8 ;>6=>9. @8 MB>< 35@>52 B>;AB>2A:8E ?@>872545=89, 2 G0AB=>AB8 35@>52 >9=K 8 <8@0, <>6=> @0745;8BL =0 B5E, :>B>@K5 682CB 687=LN =5=0AB>OI59 MB>, :0: ?@028;>, ;N48 A25BA:>3>, ?5B5@1C@3A:>3> >1I5AB20: D@59;8=0 (5@5@, :=O7L 0A8;89 C@038=, -;5= C@038=0, 35=5@0;-3C15@=0B>@ 0AB>?G8=, 8 B5E, GLO 687=L 8A?>;=5=0 =0AB>OI53> A

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

5?@5<5==K< CA;>285< =0AB>OI59 687=8, ?> ">;AB>I5==>ABL G5;>25:0, ?>=8<0NI53> CA;>2=>AB8 8 ?@5=51@530NI53> 8<8, AB@>OI53> A2>5 ?>2545=85 2 >1I5AB25 =5 =0 A25BA:8E B@51>20=8OE ?@8;8G8O, 0 =0 8=KE >A=>20=8OE. >B ?>G52=C (5@5@ ?>O282H89AO 2 55 3>AB8=>9 L5@ 57CE>2, >B;8G0NI89AO =5?>A@54AB25==>ABLN 8 ?@>AB>B>9 ?>2545=8O 8 =5?>=8<0=85< A25BA:>3> MB8:5B0, B@51CNI53> >B ;N459 =5?@5<5==>3> ?@825BAB28O =8:>9 B5BCH:8 B>;L:> 2> 81;N45=8O :0:>3>-B> @8BC0;0. G5=L :>;>@8B=> @8AC5B ">;AB>9 MBC =5?>A@54AB25==>ABL ?>2545=8O 2 AF5=5 @CAA:>3> B0=F0 AB0@>3> 3@0D0 ;L8 =4@5528G0 >AB>20 8 0@L8 <8B@852=K E@>A8<>2>9. 0B0H0, 2AO A8ONI0O >B 2>AB>@30, C:07K205B 3>ABO< =0 A2>53> >BF0. ">;AB>9 ?5@5405B GC2AB2> @04>AB8, :>B>@>5 >E20B8;> A0<>3> 3@0D0, 0B0HC, 8:>;0O, !>=N, 3>AB59... -B> 2 ?>=8<0=88 ?8A0B5;O 8 5ABL ?>4;8==0O 687=L.

"0:65 2K@078B5;L=K< ?@8<5@>< ?@>O2;5=8O =0AB>OI59 687=8 O2;O5BAO 7=0<5=8B0O AF5=0 >E>BK. K;> @5H5=> ?>5E0BL =0 >E>BC 2 4@C3>9 45=L, => CB@> 1K;> B0:>5, GB> 8:>;09 >AB>2 ?>GC2AB2>20;, :0: ?8H5B ">;AB>9, GB> =5;L7O =5 5E0BL. 57028A8<> >B =53> MB> GC2AB2> 8A?KBK20NB 0B0H0, 5BO, AB0@K9 3@0D 8 ;>2G89 0=8;0. 0: ?8H5B 8AA;54>20B5;L B2>@G5AB20 ">;AB>3> !. . >G0@>2, 2 687=L ;N459 2E>48B =5>1E>48<>ABL, :>B>@>9 @04>AB=> ?>4G8=8BLAO. > 2@5E>BK >B1@0AK20NBAO 8 701K20NBAO 2A5 CA;>2=>AB8, 8 0=8;0 <>65B =03@C18BL 3@0DC 8 4065 3@C1> >1>720BL 53>, 8 3@0D ?>=8<05B MB>, ?>=8<05B, GB> 2 4@C3>9 >1AB0=>2:5 ;>2G89 =8:>340 1K A515 MB>3> =5 ?>72>;8;, => A8BC0F8O >E>BK @0A:@5?>I05B 0=8;C 2> 2A5E A3> A;>20, 8 C65 =5 3@0D E>7O8= 53>, 0 >= A0< E>7O8= ?>;>65=8O, >1;040B5;L 2;0AB8 =04 2A5<8. #G0AB=8:8 >E>BK 8A?KBK20NB >48=0:>2K5 >ICI5=8O, E>BO :064K9 ?@>O2;O5B MB> ?>-@07=>340 >E>B=8:8 703=0;8 709F0, 0B0H0 2>AB>@65==> 8 3@><:> 28768B, 8 2A5 ?>=8<0NB 55 GC2AB20, 2>AB>@3, 55 >E20B82H89. >A;5 B0:>3> @0A:@5?>I5=8O AB0=>28BAO 2>7<>6=>9 ?;OA:0 0B0H8, :>B>@CN ">;AB>9 87>1@0605B :0: 8=AB8=:B82=>5 ?@>=8:=>25=85 2 A>:@>25==K5 B09=K =0@>4=>9 4CH8, :>B>@>5 A<>3;0 >ACI5AB28BL MB0 3@0D8=5G:0, B0=F5202H0O B>;L:> A0;>==K5 B0=FK A H0;O<8 8 =8:>340 =5 ?;OA02H0O =0@>4=K5 B0=FK. >, <>65B 1KBL, 2 MB>B <><5=B A:070;>AL 8 B> 40;5:>5 45BA:>5 2>AE8I5=85 B0=F5< >BF0...

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

> 8 35@>8, 682CI85 C ">;AB>3> A:>@55 ?> 70:>=0< @07C<0, B>65 A?>A>1=K : 687=8 =0AB>OI59. @8<5@>< MB>3> O2;O5BAO A5<59AB2> >;:>=A:8E. 8:><5, ?>60;C9, :=O6=K 0@L8, =5 A2>9AB25==> >B:@KB>5 ?@>O2;5=85 GC2AB2. > C :=O7O =4@5O 8 53> A5AB@K A2>9 ?CBL : =0AB>OI59 687=8. :=O7L =4@59 ?@>945B G5@57 ?>;>AK 701;C645=89, => 157>H81>G=>5 =@02AB25==>5 GCBL5 ?><>65B 56=K5 :C<8@K, :>B>@K< >= ?>:;>=O;AO. "0: 1C4CB @0725=G0=K 2 53> A>7=0=88 0?>;5>= 8 !?5@0=A:89, 0 2 53> 687=L 2>945B ;N1>2L : 0B0H5, B0:>9 =5?>E>659 =0 2A5E ?5B5@1C@3A:8E :@0A028F. 0B0H0 AB0=5B >;8F5B2>@5=85< =0AB>OI59 687=8, ?@>B82>AB>OI59 D0;LH8 A25B0. >B ?>G5;57=5==> ?5@5=5A5B =4@59 55 87<5=C 254L MB> 1C45B @02=>A8;L=> :@CH5=8N 8450;0.

> 8 745AL 2>9=0 2A5 @0AAB028B ?> A2>8< <5AB0<. >A;5 @07@K20 A 0B0H59 =4@59 ?>945B =0 2>9=C, 42868;N182K<8 <5GB0<8, 0 2=CB@5==8< GC2AB2>< ?@8G0AB=>AB8 : =0@>4=>AA88. 0=5==K9, ?5@54 A<5@BLN >= ?@>I05B 0B0HC, ?>B> : =548B ?>=8<0=85 687=8 2 55 ?@>AB>9 8 25G=>9 >A=>25. > B5?5@L :=O7L =4@59 ?>=O; 8 =5GB> 1>;LH55, GB> 45;05B =52>7<>6=K< 53> 75<=>5 ACI5AB2>20=85: >= ?>=O; B>, GB> @07C< 75<=>3> G5;>25:0 2<5AB8BL =5 <>65B; >= ?>=O; 687=L B0: 3;C1>:>, GB> 2K=C645= >B40;8BLAO >B =55. ?>MB>= C<8@05B.

0AB>OI0O 687=L C ">;AB>3> <>65B 1KBL 2K@065=0 2 GC2AB20E >4=8E 35@>52 8 2 @5=85< MB>3> AB0=>28BAO 2 @><0=5 L5@ 57CE>2, 2 >1@075 :>B>@>3> A>G5B0NBAO >10 MB8 =0G0;0, 81> >= >1;0405B 8 A?>A>1=>ABLN : =5?>A@54AB25==>AB>2K, 8 >AB@K< 0=0;8B8G5A:8< C<><, :0: 53> AB0@H89 4@C3 >;:>=A:89. = B>65 8I5B A8E ?>8A:0E, =0E>48B ;>6=K5 >@85=B8@K 8 B5@O5B 2AO:85 >@85=B8@K, => GC2AB2> 8 : =>2K< >B:@KB8O<, 8 MB>B ?CBL =587156=> ?@82>48B 53> : ?>=8<0=8N =0@>4=>9 4CH8. -B> ?@>O2;O5BAO 8 2> 2@5 >1I5=8O A A>;40B0<8 =0 >@>48=A:>< ?>;5 2 45=L A@065=8O, 8 2 ?;5=C, :>340 >= 1;87:> AE>48BAO A ;0B>=>< 0@0B052K<. -B> 2 :>=F5 :>=F>2 ?@82>48B 53> : 1@0:C A 0B0H59 8 : 1C4CI8< 45:01@8AB0<. ;0B>= AB0=>28BAO 4;O =53> >;8F5B2>@5=85< ?@>AB>BK 8 OA=>AB8 >A=>2=KE 687=5==KE 70:>=>2, >B25B>< =0 2A5 @07 =5>1JOB=>AB8 8AB8==>9 687=8 >E20BK205B L5@0, :>340 >= 2KE>48B =>GLN 87 A2>53> 10;030=0, 345 A>45@60;AO 2> D@0=FC7A:>< ?;5=C, >3;O4K205BAO =0 ;5A0, A<>B@8B =0 72574=>5 =51> 8 ?@>=8:05BAO >ICI5=85< A2>53> 548=AB20 A> 2A5< 8 ACI5AB2>20=85< 2A53> <8@>740=8O 2 =5< A0<><. >6=> A:070BL, GB> >= 2848B B> 65 =51>, GB> 2845; :=O7L =4@59 =0 CAB5@;8F:>< ?>;5. L5@ E>E>G5B >B >4=>9 53>, B> 5ABL 2A5 <8@>740=85, A>;40B <>65B 70?5@5BL 2 10;030= 8 =5 ?CAB8BL :C40-;81>. =CB@5==OO A2>1>40 5ABL E0@0:B5@=0O G5@B0 8AB8==>9 687=8.

N188 ">;AB>3> AE>4OBAO 2 A2>5< ?@5:;>=5=88 ?5@54 687=LN, =5>A>7=0==><, :0: C 0B0H8, 8;8, =0>1>@>B, G5B:> >A>7=0205<><, :0: C :=O7O =4@5O. >;:>2>45F CBC7>2, ?>=8<0NI89 =587156=>ABL B>3>, GB> 4>;6=> A>25@H8BLAO, ?@>B82>?>AB02;5= 0?>;5>=C, :>B>@K9 2>>1@0605B, GB> >= C?@02;O5B E>4>< A>1KB89, :0: 1C4B> E>4>< 687=8 <>6=> C?@02;OBL. 87=L =0AB>OI0O 2A5340 ?@>AB0 8 5AB5AB25==0, :0: 1K >=0 =8 A:;04K20;0AL 8 =8 ?@>O2;O;0AL. ">;AB>9 ;N18B 87>1@0605< 687=L, ;N18B A2>8E 35@>52, 5N 682CI8E. 54L E0@0:B5@=>, GB> 8<5==> 2> 2@5BK =04 >9=>9 8 <8@>< >= ?8A0; 2 ?8AL<5 : >1>@K:8=C, GB> F5;LN A2>59 :0: EC4>6=8:0 AG8B05B =5 @5H5=85 :0:8E-B> B5>@5B8G5A:8E 2>?@>A>2, F5;LN >= AG8B05B 70AB028BL G8B0B5;59 ?;0:0BL 8 A<5OBLAO 8 ?>;N1;OBL 687=L. 0AB>OI0O 687=L C ">;AB>3> 2A5340 87>1@0605BAO ?@5:@0A=>9.

/